sustainability

reporting - overview

delfortgroup corporate structure and governance reporting flows

corporate governance at delfort

delfort is a privately owned company.  delfort’s healthy financial position is facilitated by internal governance processes to ensure a structured and timely approach to managing day-to-day operational issues, managing finance and developing strategies.

 

Business strategy and organizational control is the responsibility of the Board of Directors. Together with the mill managing directors, the Board also share joint corporate responsibility for the environmental obligations of delfortgroup. Overseen by the Supervisory Board, the Board of Directors is the highest decision-making body in the company structure. Non-executives independently manage matters of legal procedures, finance, industry, corporate governance and sustainability, with sustainability initiatives and strategies developed in consultation with department heads and board members. In addition, representatives of the works councils represent employees through local collective bargaining agreements at all European production locations, while employees in Vietnam are represented by their worker's union.